Articles about Sec

The Register breaking news

SEC staffers slammed for serious security snafus

There are red faces at the Securities and Exchange Commission after a report highlighted computer security failings by agency staff that forced it to spend $200,000 to check whether it had lost critical information. Staff at the Trading and Markets Division were found to have stored highly confidential and market-sensitive …
Iain Thomson, 09 Nov 2012
The Register breaking news

Bloomberg's bomb: How SEC shredded Facebook's pre-IPO claims

According to a recently publicised set of emails, US financial watchdog the Securities and Exchange Commission found that important claims made by Facebook were unsupportable and forced the company to disclose key weaknesses in its business plan before its 18 May IPO. The highlights are outlined in this lengthy report from …
Andrew Orlowski, 10 Oct 2012

Ubiquiti stung US$46.7 million in e-mail spoofing fraud

Ubiquiti Networks has been defrauded of more than US$46 million by scammers who spoofed its communications. The heist was revealed in an SEC Form 8-K filing. Apart from the financial information, details are scant. The San Jose company says: “The incident involved employee impersonation and fraudulent requests from an outside …

US tech titan CSC slapped with $190m penalty

IT giant CSC has been slapped with a $190m (£122m) penalty by US regulator the Securities and Exchange Commission following a probe into the firm's accounting practices. The investigation was opened in 2011, mainly into the firm's European outsourcing unit - including revenue from its troubled NHS contract negotiations between …
Kat Hall, 30 Dec 2014
The Register breaking news

SEC slams NASDAQ with $10m fine for Facebook IPOcalypse

NASDAQ is forking over $10m to the Securities and Exchange Commission as penance for its poorly executed Facebook IPO. The fine was levied against the exchange for the Facebook IPOcalypse, which saw punters at first unable to buy shares in Zuck & Co's data farm social network, and then able to buy but only at unreliable prices …
Jack Clark, 29 May 2013
OCZ VeloDrive

OCZ's SEC filing fail gives stockholders the fear

OCZ has announced that it won't be able to file its quarterly report with the SEC on time, leading to doubts about its cash position. The struggling SSD and PCIe flash card vendor appears perhaps to have loosed off a shot or two into the vicinity of its foot by expanding too fast, failing to secure reliable NAND chip supplies, …
Chris Mellor, 16 Oct 2012

Mellanox gives InfiniBand a 5 BILLION PACKET/sec cloud dose

Networking tech firm Mellanox is broadening its 100Gbps InfiniBand portfolio – and is hoping that the new products and capabilities will help it expand its footprint outside its supercomputer home territory. Following on from its demo of 100 Gbps cables last March, the company is using ISC 2014 in Germany to launch the Switch-IB …

UK NHS IT supplier CSC coughs up $190m fine, three execs in the dock

Computer Science Corporation has paid its $190m (£122m) fine, levied by US watchdog the Securities and Exchange Commission over charges the Virginia-headquartered biz fudged its financial reports. And now some senior executives have agreed to hand back millions of dollars in pay and bonuses as a result of the SEC's probings. …
Iain Thomson, 05 Jun 2015

Oracle gets ZFS filer array spun up to near-AFA speeds

Oracle's ZFS filer array has virtually matched an all-flash array in the SPC-2 streaming storage benchmark and set a new SPC-2 streaming/price/performance record [PDF]. It introduced its ZS4-4 array in December last year, as a refresh of the prior ZS3. That was rated at 17,244.22MB/sec on its SPC-2 run with a $22.53 price/ …
Chris Mellor, 01 Apr 2015

Samsung sneaks out its TRIM, SMART SSD model – using 3D Magic

A new, thinner and faster SSD from Samsung, using the M.2 form factor, is hitting the retail market next month. Sammy has taken its 850 PRO SSD with its 2.5-inch form factor and SATA interface and implemented the same 3D V-NAND 32-layer MLC flash in a smaller PCIe M.2 2280 form factor, and given it an NVMe driver. The result …
Chris Mellor, 22 Sep 2015

Fresh flashery from the NANDsters

The Flash Memory Summit has seen a fresh crop of SSDs and PCIe flash cards appear from NAND fans BiTMICRO, Seagate and Toshiba as they try to wow delegates and get sales momentum started. Seagate Nytro flash cards Seagate, flush and fresh with its strategic alliance with Micron over flash, has announced three new Nytro ( …
Chris Mellor, 12 Aug 2015

Dot Hill ready for Internet of Things data ingest malarkey

Classic dual-controller drive array supplier Dot Hill has uprated its AssuredSAN array to deal with thousands of incoming variable data streams from the growing Internet of Things (IoT) sensor sources, and thus avoid data stream traffic jams. The AssuredSAN 6000 products feature: New 6004 storage array controller in dual active …
Chris Mellor, 09 Apr 2015

Yahoo!: Who! cares! what! US! taxman! thinks!, we'll! spinoff! Alibaba! anyway!

Yahoo! says it's going to press ahead with its plan to spin off its multibillion-dollar stake in Chinese e-commerce firm Alibaba, despite failing to receive a favorable ruling from the US Internal Revenue Service. CEO Marissa Mayer first announced the plan, which would see Yahoo! transfer its 384 million Alibaba shares to a …
Neil McAllister, 29 Sep 2015

SanDisk opens for business with point-of-sale terminal SSD

SanDisk has built an SSD for point-of-sale terminals, digital signage and surveillance gear, saying it’s better than disk drive use. Tablet, notebook and PC OEMs could use it too, so long as they don’t need more than 256GB. The idea is to price the SSD “on a par” with disk drives, while pointing out that the Z400s outperforms …
Chris Mellor, 26 May 2015

SanDisk goes nuclear with its Fusion flash card range

SanDisk has announced third-generation ioDrive PCIe and mezzanine flash cards, claiming up to a fourfold price performance improvement, with up to a 61 per cent list price reduction over the previous generation Fusion ioDrive 2/Atomic product. Fusion-io and its ioMemory technology was bought by SanDisk for $1.1bn in June last …
Chris Mellor, 28 Apr 2015

Workforce DECIMATION: QLogic fires up its pink slip printer

Prepare for pink slips. Following lousy results and the CEO leaving, server and storage biz QLogic has announced a restructuring program – with sacked bodies seemingly being the only feature. Available here, the brief SEC filing states: On 2 September, 2015, QLogic Corporation (the “Company”) approved a restructuring plan …
Chris Mellor, 15 Sep 2015
PayPal inStore app in action

Unconfirmed PayPal 0day auth flaw lingers after XSS gets fixed

Two vulnerabilities in popular payments platform PayPal emerged this week. A cross-site scripting flaw affecting the web payment service was fixed last month, but another flaw is yet to be resolved. The unresolved vulnerability creates a means to bypass the security approval procedure and two-factor authentication applied by …
John Leyden, 04 Sep 2015
Cat 5 cable

Flash firm boss smacks back at SEC's insider trading charges

STEC boss Manouche Moshayedi has issued a detailed rebuttal of the SEC's indictment that charged him with insider trading, saying that the SEC is plain wrong. The SEC charges relate to a STEC public offering of shares held by Moshayedi and his brother Mark on 9 August, 2009, with the SEC alleging Moshayedi knew that EMC was …
Chris Mellor, 31 Aug 2012

Huawei releases scaly NAS. Rival's Isilon sales increase. Oh dear

Wannabe Isilon-beater Huawei is showing its scale-out NAS product, the OceanStor 9000, at CeBit, saying it's the first scale-out filer designed for six-layer 4K UHD program production and editing. This system was announced in August 2013 at Interop in Las Vegas and has made, it appears, little progress since then. On paper it …
Chris Mellor, 19 Mar 2015
London buses, photo: Transport for London

VMAX flashes its virtues for all to see

You wait for a bus forever, then two come along at once. So it is with EMC and SPC benchmarks, and all of a sudden we have both SPC-1 VNX8000 and SPC-2 VMAX 400K. The Storage Performance Council lists industry-standard random block IO performance (SPC-1) and streaming storage performance benchmark results (SPC-2). Each one …
Chris Mellor, 03 Aug 2015

Seagate flaunts 4TB-ish enterprise SAS flash that can shift 1.8GB/s

Seagate has announced a not-quite 4TB, dual-port SAS SSD technology, built in an alliance with Micron: the drive giant is touting four 1200.2 products defined by their endurance. Micron is using the same tech in its S600DC SSD products. The 1200.2 is the first SSD, Seagate says, to optimize dual-port SAS capability, resulting …
Chris Mellor, 04 Aug 2015
The Register breaking news

Home Sec: Let us have Snoop Charter or PEOPLE WILL DIE

Home Secretary Theresa May today claimed in The Sun that her draft law to massively ramp up online surveillance of Brits will "save lives". The Tory minister managed to squeeze in a bit of last-minute lobbying ahead of the publication of a report by peers and MPs scrutinising her controversial communications data bill. In an …
Kelly Fiveash, 03 Dec 2012
Delia Derbyshire edits on a Philips EL3503

DDN unveils filer boxes for all occasions at NAB 2015

DDN has launched two new filers: the MEDIAScaler for media workflows and a refreshed GRIDScaler for HPC-style workloads. Both were launched at NAB 2015, the National Association of Broadcasting Show in Las Vegas, where user attendees will typically work with large sets of often multi-component video files and need fast access to …
Chris Mellor, 15 Apr 2015

EMC purchase of Graphite Systems was a wetware buy

EMC’s purchase of Graphite Systems was a wetware acquisition, a simple acquihire, according to sources close to the matter. EMC didn’t want the hardware or the software: it wanted the wetware – the people – because what they were developing was so similar to DSSD’s own technology of an ultra-fast, solid state storage array …
Chris Mellor, 01 Oct 2015
The Register breaking news

SEC slaps inside trader with record $93m fine

Insider trading does not pay, a judge in an American civil court declared, putting a record fine on Raj Rajaratnam, the businessman who was found guilty of insider trades using a network of tech insiders – including executives at IBM and Intel. The $92.8m fine handed down by Judge Jed Rakoff is in addition to an 11-year jail …
Anna Leach, 09 Nov 2011

US Ass. Commerce Sec hits back at claims global DNS is DOOMED

US Assistant Commerce Secretary Larry Strickling – the man in charge of the critical IANA contract that keeps the internet glued together – has embarked on a war of words with Wall Street Journal columnist Gordon Crovitz. In a letter to the newspaper, Strickling took issue with Crovitz's column last week headlined Halfway to …
Kieren McCarthy, 09 Dec 2014

SanDisk launches 200GB microSD card

MWC 2015 The new SanDisk 200GB microSD card costs $399, making it more valuable weight-for-weight than blue sapphire. This capacity gives SanDisk's little gem the ability to store up to 20 hours of HD video. Moreover, the company explained to El Reg that the only reason this is a 200GB device and not 256GB is that at 15nm, the die had …
Simon Rockman, 03 Mar 2015

SanDisk gets all Tardis-like and shrinks cells to increase capacity

SanDisk has revved its CloudSpeed Ultra SSD, doubling capacity to 1.6TB by using smaller sized cells. Gen 1 Ultras used 19nm MLC NAND in 400GB and 800GB capacity points. The Gen 2 model uses 15nm flash and have 400GB, 800GB and 1.6TB capacities. Generally, they are faster than the Gen 1 products, although their endurance has …
Chris Mellor, 12 Aug 2015

HGST says its NVMe flash card will manage 750,000 IOPS

How does damn near three quarters of a million random read IOPS grab you? HGST is at last shipping its NVMe Ultrastar SN100 PCI flash card, first announced seven months ago. The speeds and feeds look impressive, with HGST saying it’s the “industry’s highest-performing NVMe compliant SSD series.” The specs are: 1.6TB and 3.2TB …
Chris Mellor, 13 Apr 2015
Twitter for Mac New

Only good thing about Twitter CEO storm: 140 character limit gone

Twitter CEO Dick Costolo will leave the San Francisco-headquartered social network within days. Shares in Twitter soared nearly eight per cent on the news. The microblogging site said in a SEC filing, published in the past few minutes, that Costolo will leave as chief exec on July 1 and be replaced by Twitter cofounder Jack …
Shaun Nichols, 11 Jun 2015

Shadow minister for Fun calls for Openreach separation

Chris Bryant MP has added his support to the lobby which wants to see Openreach split from BT. This is just one area under investigation as part of Ofcom's 2015 strategic review. The previous review a decade earlier saw Openreach ring-fenced as a separate BT organisation. However, the view of most of its customers – who are …
Simon Rockman, 24 Aug 2015

HP flash splash at National Association of Broadcasters bash

HP has been flashing at the National Association of Broadcasters' event in Las Vegas, announcing desktop PCIe SSDs for media mavens to manipulate their massive files. The Z Turbo Drive G2 is a PCIe NVMe flash device using Samsung M.2 PCIe tech, which more than doubles the speed of its gen-1 predecessor, delivering "four times …
Chris Mellor, 15 Apr 2015
The Register breaking news

SEC: 'Man tried to sell $500bn investments on LinkedIn'

US regulators have charged a financial advisor with trying to sell $500bn of fake securities on LinkedIn, amid warnings to investors and advisory firms about the risks of buying through social networks. The Securities and Exchange Commission (SEC) alleges [PDF] that Illinois-based Anthony Fields offered hundreds of billions of …
Axe, image via Shutterstock

Today's Groupon offer to its sacked employees: 100% off your salary

Online deals website Groupon will lay off 1,100 employees and shut down part of its international operations. The biz employs more than 10,000 people worldwide. In a filing with US financial watchdog the SEC, Groupon said it will cut the positions over the next year with the redundancy round wrapping up by the end of September …
Shaun Nichols, 22 Sep 2015

Supermicro's super Nexenta HGST superduper AFA

NexentaStor has come round the all-flash array block a second time with a Supermicro flash server box slotting underneath the SanDisk-powered 512GB InfiniFlash box. The product is based on Supermicro's 2U Ultra SuperServer hardware, fitted with HGST Ultrastar SSDs in 800GB or 1.6TB capacities. The Ultra SuperServer – will the …
Chris Mellor, 08 Sep 2015
Airbus are overjoyed about having the biggest one around.

Airbus plots exit from government comms biz

Airbus is reportedly considering selling its public safety radio business, with Alcatel-Lucent and Thales apparently interested in writing a cheque to obtain the operation. Bloomberg's off-the-record briefers say that €500 million-plus business is slated for sale by the end of the current quarter. Originally formed when …

SEC investigates disgraced Systemax exec

The SEC has launched an investigation into the reasons behind the departure of shamed Systemax exec Gilbert Fiorentino, the company has confirmed. CEO of the technology product group, Fiorentino was suspended from the US reseller - parent of Misco and WStore - in April after an independent probe into whistleblower allegations …
Paul Kunert, 28 Jun 2011
A soldier aims an XM-25 smartgun. Credit: PEO Soldier

Cheeky upstart Mangstor hungrily eyes Fusion-io's pots of gold

Developer of flash storage solutions and startup Mangstor is developing PCIe flash cards usable both as direct and shared flash storage, with figures indicating SanDisk has some work to do if it wants to return Fusion-io to the top of the performance tree. The base MX6300 flash card technology uses non-volatile Everspin ST-MRAM …
Chris Mellor, 22 Jun 2015
Intel sign by

Intel's new chips are from 'Purley' – know what I mean? Know what I mean? Say no more

A presentation given at a conference on high-performance computing (HPC) in Poland earlier this month appears to have yielded new insight into Intel's Xeon server chip roadmap. A set of slides spotted by our sister site The Platform indicates that Chipzilla is moving toward a new server platform called "Purley" that will debut …
Neil McAllister, 27 May 2015

SpectraLogic goes deep, man, with new storage gateway

Spectra Logic now has a deeper Deep Storage Gateway for its BlackPearl object-storing archival tape library set-up. Spectra's BlackPearl was announced in October 2013 and stores files as objects on tape with a BlackPearl caching product front end. Users' buckets (data as objects) are cached on flash and then written to tape …
Chris Mellor, 10 Apr 2015
Railway line split. Pic: Ian Sane

Blood in the boardroom as Imation ejects from tape media business

Clinton Group execs in charge at struggling Imation have started restructuring the business to make it a tastier dish, discarding its tape media business, selling off property assets and starting a Nexsan array business restructuring exercise. Activist investors at the Clinton Group deposed Imation’s existing board chairman …
Chris Mellor, 29 Sep 2015
Samsung SSD845DC EVO

Ain't NAND grand? Samsung unveils next-gen SAS SSD

Samsung has followed its 2012-era SM1625 SDD with the SM1623 model, and promised next-generation SAS SSDs are coming in the near future. What can it mean? The S1625, using 2Xnm-class NAND (29-20nm cell geometry) topped out at 600GB capacity. The 1623 uses 1Xnm-class geometry (19nm - 10nm) and reaches 800GB capacity. Its …
Chris Mellor, 07 Aug 2014

Aussie students set to hack cloud biz to hell

Two hundred and fifty one university and TAFE students will today compete to hack the hell out of the Enterprise Wellness Initiative, smashing its apps, and pulling off feats of forensics. The simulated hack-off is part of the Cyber Security Challenge Australia run by a cadre of security companies with the Australian Signals …
Darren Pauli, 30 Sep 2015

Radian ready to replace the flash translation layer

Stealthy startup Radian Memory System's Symphonic software replaces an SSD's Flash Translation Layer software to accelerate performance up to 80 per cent and extend endurance. It's selling its own RMS-250 SSDs with this software for data centre use Flash Translation Layer (FTL) software enables a block-based SSD to be …
Chris Mellor, 04 Aug 2015
Samsung SM1715 3D V-NAND NVMe PCIe SSD

Samsung lays down PCIe server flash gauntlet

Faster, fatter flash cards that speed up server applications are in demand, and Samsung has announced it is mass-producing a 3.2TB NVMe PCIe SSD using its 3D V-NAND technology. It says higher capacities are coming. The SM1715 doubles the previous NVMe SSD XS1715's 1.6TB capacity maximum, and that product used standard 2D planar …
Chris Mellor, 25 Sep 2014

Seagate births 8TB triplets and a 2TB mobile nipper

Who says spinning rust is finished? Seagate has rolled out 8TB triplets and a 2TB mobile nipper, using shingled recording on its 8TB Kinetic. The three 8TB disks use ninth generation perpendicular magnetic recording, and represent a 33.3 per cent capacity uplift on the existing 6TB technology that Seagate uses in its 3.5-inch …
Chris Mellor, 01 Sep 2015

Hey - who wants 4.8 TERABYTES almost AS FAST AS MEMORY?

Chinese flash product supplier Memblaze has launched an almost memory-speed server flash card with a 14 microsecond latency - and up to 4.8TB capacity - for the hyperscale market and open compute project applications, according to a company statement. This is a variant of its existing PBlaze3 card. Speeds and feeds: 750,000 …
Chris Mellor, 29 Oct 2014
Cray Sonexion

Cray heaves out even mightier, Lustre-ous Sonexion 2000

Cray has updated its scale-out, parallel access, Lustre-using Sonexion array with what it calls the "2000" product - providing 50 per cent more capacity and performance than the previous 1600 product in the same footprint. The 2000 delivers in excess of 45GB/sec bandwidth to a Linux cluster using Cray Cluster Connect, and has …
Chris Mellor, 17 Nov 2014
Stock ticker board

sTec flash founder cleared of insider trading charges

The wheels of SEC justice in the US grind exceedingly slowly and sometimes uselessly. Manouche Moshayedi, the founder and CEO of sTec, has just been cleared of insider trading charges filed almost four years ago. Since then sTec’s business has tumbled and it was bought by Western Digital for $340m – which was characterised as a …
Chris Mellor, 09 Jun 2014

Yahoo's! tax-free! Alibaba! switcheroo! gets! a! rough! ride! from! US! taxmen!

The amazing Yahoo! / Alibaba / SpinCo tax structure has suffered a blow: America's Internal Revenue Service has refused to say whether or not it approves or disapproves of Yahoo!'s tax-avoidance chicanery. And that usually spells trouble. Back at the start of the year, the Purple Palace announced it would shuffle its roughly …